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Powell Foundation Inc. is a private corporation based in TUPELO, MS. The foundation received its IRS ruling in 2018. It holds total assets of $9.3M. Annual income is reported at $2.6M. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2024. According to available records, Powell Foundation Inc. has made 25 grants totaling $2.7M, with a median grant of $10K. The foundation has distributed between $465K and $1.2M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.2M distributed across 4 grants. Individual grants have ranged from $500 to $600K, with an average award of $107K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Mississippi, Georgia, New York, which account for 76% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$10K
Average Grant
$41K
Largest Grant
$302K
Based on 12 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Powell Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in MS, GA, NY.
Powell Foundation Inc. has distributed a total of $2.7M across 25 grants. The median grant size is $10K, with an average of $107K. Individual grants have ranged from $500 to $600K.
Powell Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (371873776) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Powell Foundation Inc. is headquartered in TUPELO, MS. While based in MS, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Edward O Powell | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$9.3M
Fair Market Value
N/A
Net Worth
$9.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
25
Total Giving
$2.7M
Average Grant
$107K
Median Grant
$10K
Unique Recipients
15
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Create Foundation - Northeast Mississippi'S Community FoundationBENEVOLENCE | Tupelo, MS | $500K | 2023 |
| Chris Lucius Memorial FoundationBENEVOLENCE | Belden, MS | $10K | 2023 |
| Bsa Natchez Trace CouncilBENEVOLENCE | Tupelo, MS | $500 | 2023 |
| Lebonheur Children'S Hospital FdnBENEVOLENCE | Memphis, TN | $3K | 2022 |
| Skana Family Learning CentreBENEVOLENCE | Windsor | $20K | 2021 |
| Lost-N-Found YouthBENEVOLENCE | Atlanta, GA | $20K | 2021 |
| North Mississippi Symphony OrchestraBENEVOLENCE | Tupelo, MS | $10K | 2021 |
| Tupelo Women'S ClubBENEVOLENCE | Tupelo, MS | $2K | 2021 |
| Predisan Health MinistriesBENEVOLENCE | Atlanta, GA | $81K | 2020 |
| Gallant Hearts Guide Dog CenterBENEVOLENCE | Madison, MS | $30K | 2020 |
| Community Living Essex CountyBENEVOLENCE | Essex | $10K | 2020 |
| University Of Mississippi FoundationBENEVOLENCE | Oxford, MS | $10K | 2020 |
| Baptist Children'S VillageBENEVOLENCE | Ridgeland, MS | $10K | 2020 |
| Cure Childhood CancerBENEVOLENCE | Rochester, NY | $10K | 2020 |
| First United Methodist Church - Tupelo MsBENEVOLENCE | Tupelo, MS | $2K | 2020 |
FLOWOOD, MS
JACKSON, MS
GULFPORT, MS